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Show VETERANS HERE'S YOUR ANSWER Q Shortly after I was separated sep-arated from service I converted convert-ed my GI insurance to a permanent per-manent policy. I have kept it in force all of these years. May I borrow money on this policy? A In a word, YES. Here's the story: You should contact the' VA office to which you have been sending your GI insurance to find out the "cash value" of your policy. Through this same office you can then arrange ar-range to borrow up tp 94 of the cash value of your GI insurance in-surance policy. The Interest charge on this loan will be .-4- Of ...courser'--If- there is - already a loan on the policy for a lesser amount, you may borrow only the difference between be-tween the amount of this unpaid un-paid loan and the 94 cash value of your policy. Q My son was lost at sea during World War II. I would like to have a memorial marker mark-er to put in a private cemetery. ceme-tery. "Will the Army furnish one? A Yes. Application for the memorial marker should be made to. th,e office of Chief Support Service, Department of the Army, Washington, D. C. Application forms my b.2 obtained from any regional VA office. Q I draw a disability pension pen-sion from the VA, I have just received an unexpected income as an inheritance, Must I report this now to the VA or may I wait until the VA sends an income questionnaire at the end of the year? A You sould report tlie income in-come prompUy when received. This will allow the VA to determine de-termine your correct payments for the balance of the year and eliminate any possibility of an overpayment being charged against your account. |
